So, America, was the trade-in of all our outsourced jobs in exchange for cheap consumer goods worth it?
I guess the answer depends on whether you’re the insanely rich CEO of a corporation that outsources jobs and underpays employees.
Of course it’s not only cheap consumer goods that we’re getting in return. It’s a lot more insidious than that. Typing, accounting, research and design, technical-support call centers… This is the best one: "New Jersey legislators acted after the state outsourced the electronic administration of welfare and food stamp benefits to a company that then sent the jobs to India. When New Jersey citizens called to ask about benefits, they were connected with Indian workers who gave Americanized names." http://www.aflcio.org/aboutus/thisistheaflcio/publications/magazine/0903_amjobs.cfm
In other words, it’s not just a matter of reading labels and buying American. To be fair, I might be a little sensitive on the subject. My job was cut about a year ago, so I’ve been working without benefits since then, at a rate of pay that’s competitive with the offshore job market that replaced me. It’s a pretty good deal for the CEO of my company, of course. He was one of the top three top-paid execs in the U.S. last year.
The Energy Subcommittee on Commerce,
Microsoft CEO Steve Ballmer opened up the largest consumer technology
Minister of Domestic